FinTech Magazine - May 2022 | Page 34

NUVEI
It ’ s clear that Ziv and the rest of the Nuvei team ’ s dedication to resolving issues and helping people has underpinned this push for innovation and smart capability . But how exactly does the company ’ s leadership team feed into , and champion , this culture ?
The inspirational effect of humanised grassroots leadership
• Enabling secure real-time payments globally
• Real time transaction recovery engine to improve conversions for clients
• Unique UI / UX payment page enabling pay-in and pay-out worldwide with localised capabilities
• Sophisticated authentication systems developed to support PSD2 and SCA that reduce ‘ soft declines ’ for payments via 3D smart routing
• Decreasing fraud with accelerated verification methods
• Faster payment methods for instant pay-in and pay-out using open banking rails
• The ability to pay for one transaction with multiple payment methods
• And what Ziv refers to as , ‘ decline recovery ’, a revolutionary piece of smart tech that can not only identify the individual reason for a transaction ’ s decline , but that can automatically resolve the issue – whether it ’ s insufficient funds or technical malfunctions
• “ Today , we ’ re dedicating a portion of our organisation to maintaining this innovative approach . So it ' s more than just the innovative lab that we ' ve incorporated within the organisation , allowing every one of our employees or clients to bring ideas into deliveries .
“ But it ' s also about keeping the roadmap very much aligned with where our clients want

“ Our own proprietary full stack technology is among the strongest in the industry . But we are very agnostic , working more as an orchestration layer ”

YUVAL ZIV PRESIDENT , NUVEI
to go and assessing the market constantly ,” says Ziv . “ It ' s also about rolling out different features or products that will better serve the industry .”
But what inspires the Nuvei team to continually innovate and think outside of the box ? Quality , grassroots leadership and a dedicated , collaborative team .
“ I ' m super proud of our team . Our HR , human resources , comes first ,” Ziv states . “ I believe that we are exceptional in our ‘ can do ’ approach , which is very different to many other companies in the industry . We remain attentive to what clients need and we are , as a team , very flexible .”
Nuvei ’ s leadership has a substantial role to play in the cultivation of new technology and payment solutions , with Ziv highlighting the fact that Nuvei Chair and CEO Philip Fayer established this culture of innovation when he built the company – even citing him as an inspiration in terms of leadership style and the nurturing of talent for growth .
“ I ’ ve always admired people that have built their company from the ground up . They worked hard during this journey , stayed humble and focused , and also maintained
34 May 2022